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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
3 Main St, Glyndon, MD 21136-1254
Entity Owned
11-yr Hold
Free & Clear
Property ID
US40-1034536
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1939
Construction
BRICK
Total area
6,750 SF
Lot
0.18 ac (7,800 SF)
Zoning code
BL
APN
04-0403000126
UPID
US40-1034536
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$748k
Blend (final)
Blend
$550k
Owner & transaction history
Hanover Pike II LLC · 11 yrs held
Hanover Pike II LLC
since 2014
7 recorded transactions
Zoning & alternative use
BL · Glyndon, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Glyndon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glyndon submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,732
Tax year 2023
Assessed value
$336,667
Assessed 2023
Previous assessed
$325,900
+3.3% YoY
Effective rate
1.11%
On assessed value
Land market value
$102,800
Improvement market value
$255,400
Total market value
$358,200
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1939
Construction
BRICK
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
6,750 SF
Lot
0.18 ac (7,800 SF)
Zoning code
BL
APN
04-0403000126
UPID
US40-1034536
Jurisdiction
BALTIMORE
Zoning & alternative use
BL · Glyndon, MD
Zoning BL · permitted uses
BL · Glyndon, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glyndon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Construction
BRICK
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Hanover Pike II LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 302, PHOENIX, MD 21131-0302
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2018
—
Antonio Petronelli
—
Deed
related
$350,000 · Farmers & Merchants Nat'l Bk
Jun 6, 2016
—
Hanover Pike LLC
—
Deed
related
$350,000 · Farmers & Merchants Nat'l Bk
Oct 14, 2014
—
Hanover Pike II LLC
Petronelli,antonio & Vito O
Grant Deed
—
—
—
Hanover Pike II LLC
—
Deed Of Trust
related
$150,000 · Miscellaneous Govt Agcy
—
—
Hanover Pike LLC
—
Deed Of Trust
related
$350,000 · Farmers & Merchants Nat'l Bk
—
—
Hanover Pike LLC
—
Deed Of Trust
related
$280,000 · Farmers & Merchants Nat'l Bk
—
—
Antonio Petronelli
—
Loan Modification
related
$350,000 · Farmers & Merchants Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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